$PEPE is trading at $0.00001809, showing a slight upward momentum while consolidating within a defined range. With resistance at $0.00001850 and support around $0.00001750, a breakout in either direction will define the next significant move.
Trade Setup:
Long Setup:
Entry: Above $0.00001850 (Breakout confirmation)
Stop Loss (SL): $0.00001780
Take Profit 1 (TP1): $0.00001950
Take Profit 2 (TP2): $0.00002050
Short Setup:
Entry: Below $0.00001750 (Breakdown confirmation)
Stop Loss (SL): $0.00001810
Take Profit 1 (TP1): $0.00001680
Take Profit 2 (TP2): $0.00001600
Technical Outlook:
$PEPE is trading within a narrow range, indicating potential for a volatile breakout or breakdown. A move above $0.00001850 could signal strong bullish momentum, while a break below $0.00001750 might indicate further downside.
Traders are advised to monitor volume and price action closely and use tight stop losses to manage risks effectively.
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